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expiredxTorquEx posted Apr 05, 2024 05:46 PM
expiredxTorquEx posted Apr 05, 2024 05:46 PM

2024 Tesla Model Y + $7,500 Federal Tax Credit

(For Qualified Buyers)

$40,490

$44,990

10% off
1,480 Comments 1,006,685 Views
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Deal Details
Tesla has dropped the base price of the Tesla Model Y from $44,990 down to $40,490. All Model Y vehicles also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member xTorquEx for finding this deal.

Available models:
  • Tesla Model Y (Standard Range) from $40,490
  • Tesla Model Y (Long Range) from $44,990
  • Tesla Model Y (Performance Dual Motor All-Wheel Drive) from $48,140

Editor's Notes

Written by megakimcheelove | Staff
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by xTorquEx
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $44,990 down to $40,490. All Model Y vehicles also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member xTorquEx for finding this deal.

Available models:
  • Tesla Model Y (Standard Range) from $40,490
  • Tesla Model Y (Long Range) from $44,990
  • Tesla Model Y (Performance Dual Motor All-Wheel Drive) from $48,140

Editor's Notes

Written by megakimcheelove | Staff
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by xTorquEx

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Top Comments

Autumn
49505 Posts
5094 Reputation
Ok look...

There's a pattern with Tesla threads here. I don't care if you all wanna discuss the deal or the cars but it always turns into paaaages and paaaages of bickering back and forth and nobody ,except for the few involved, enjoy that or wanna wade through that. So cut that stuff out, please and thank you.
AhmadH1772
8 Posts
10 Reputation
This is not as good as the March deal. They are all $1000 more expensive. The other discounts were available most of q1.
BrettL5675
494 Posts
57 Reputation
FYI just because it says "New" doesn't mean it qualifies for the 7500 tax credit. Demo models are new but do not qualify for 7500. If the specific inventory item qualifies it will directly say it on the site.

1,479 Comments

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Apr 07, 2024 05:19 AM
19 Posts
Joined Nov 2021
BraveCreature530Apr 07, 2024 05:19 AM
19 Posts
Quote from diamok :
Fisker has not filed for bankruptcy yet and are in talks with Nissan as an investor/partner.
Also, the National Highway Traffic Safety Administration's (NHTSA) are currently looking into a safty matter regarding doors not openning.

Fisker could be gone, wait and see. Tesla is here to stay, deal with the "deals" as they come and go.

"New" cars will ALWAYS have miles on them in the USA as the government requires the dealships to test drive them before they place them up for sale.

Cheers,
lmao talks with Nissan are over. What rock have you been under….
Pro
Apr 07, 2024 05:25 AM
1,342 Posts
Joined Mar 2009
kgorilla
Pro
Apr 07, 2024 05:25 AM
1,342 Posts
Quote from BoV6227 :
It's almost $6 in San Diego.
But pg&e is also very expensive.
Apr 07, 2024 05:27 AM
162 Posts
Joined Jul 2016
Rickety_CricketApr 07, 2024 05:27 AM
162 Posts
Quote from sshlyk :
If it is true, this is a great choice. Just charge it to 100% all the time.
Realistically, long range will only go 200 mile, 2 mile for each percent of charge. Tesla did real magic to make it look like 300 miles
This is not true. What the other commenter said about LFP cells is true. It's a different battery chemistry that is less energy dense, but you can charge to 100% no problem.
Apr 07, 2024 05:31 AM
139 Posts
Joined Nov 2017
kkr1428Apr 07, 2024 05:31 AM
139 Posts
End of Tesla! Their pricing strategy sucks!
1
2
Apr 07, 2024 05:44 AM
27 Posts
Joined Jun 2017
BronadoBobbyApr 07, 2024 05:44 AM
27 Posts
I took delivery on 3/27. Ended up at $32,505 (before fees) with 3 miles on it. I was shocked to see it at $32k. Cancelled my order for one at $34k to grab it.
1
Apr 07, 2024 05:46 AM
27 Posts
Joined Jun 2017
BronadoBobbyApr 07, 2024 05:46 AM
27 Posts
Quote from beggerking :
need FSD transfer...
That's why I'd subscribe and not buy tbh
Apr 07, 2024 05:52 AM
245 Posts
Joined Dec 2014
savenmavenApr 07, 2024 05:52 AM
245 Posts
Quote from jl2672a :
Wow. I waited 15 months for my order at $55,900 in 2022. My friend did worse, paying $67,900 at the peak of the market. And I didn't even get the tax credit because Tesla sold too many. How can they afford to sell these at $46k? It's pretty infuriating for current owners cause it sinks our resale values.

Love the car but hate the price drops after the fact.
I paid $4000 for a Macintosh IIsi and now I can get a computer with the same processing power for $15. I should've waited for prices to come down!
3
5

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Apr 07, 2024 05:56 AM
1,509 Posts
Joined Oct 2016
LaughinGassApr 07, 2024 05:56 AM
1,509 Posts
Quote from Shamu23 :
Yea exactly! You don't buy a car expecting to appreciate in value. But if I bought at the peak and saw the value dropping so much I'd be pissed too
At who? Yourself maybe for an impulse buy?
5
Apr 07, 2024 06:16 AM
321 Posts
Joined Jul 2010
kLuTzApr 07, 2024 06:16 AM
321 Posts
Link dead
Apr 07, 2024 06:21 AM
3,863 Posts
Joined Sep 2004
MisterRunonApr 07, 2024 06:21 AM
3,863 Posts
I don't really have an absolute position on Teslas/EVs. There are some really nice benefits (especially with a car like the Y, since I want an SUV) but there are some really major hidden costs associated with owning them.

So a quick google shows that the average insurance premium for a Tesla is $250/mo which is about double the average for ICE cars. Paying an extra $125 for the same coverage starts to eat into your energy savings..

It also costs money to set up your home to be able to properly charge your car. If you move around often, this can be a problem.

With all of that being said, these cars are super affordable. The price you pay to take the car off the lot (and the level of performance you get) are insane.
1
Apr 07, 2024 06:48 AM
21 Posts
Joined Feb 2018
LeiJ8155Apr 07, 2024 06:48 AM
21 Posts
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer
you can, donate all your asset to me, then you will be poor
1
Apr 07, 2024 07:23 AM
145 Posts
Joined Feb 2014
ryanistheryanApr 07, 2024 07:23 AM
145 Posts
Quote from daweyo :
For those who want to know, I would wait for this version to have an LFP battery if you have been on the fence. The major difference is this technology allows you to recharge to the full 100%, oftentimes only needing to charge once a week.Once you get a Tesla, most people will say you should not charge it past 80% to prolong the battery, but that is for the NMC batteries. I found it strange all the talk on charging the battery when I first bought my Tesla, and that majority users were only charging 80% since you now have reduced range and will have to charge more frequently. Charging more frequently leads to more charge cycles, and it was all exhausting reading everything. This being said, once the LFP batteries come to the Model Y in the US, they will probably not be eligible for the tax credit because the batteries are made in China, and brings the percent of the car made in America less than the required threshold. Either way, in my opinion, I would rather have the LFP battery than is recommended to charge to 100% versus one that recommends 80%, severely limiting the advertised distance of the EV for weekly use.
Charge cycles are not measured by how many times you charge but a full cycle, which means 100-0-100 is one charge cycle but 100-50-100-50-100 is one charge cycle as well, not two.
1
Apr 07, 2024 07:32 AM
112 Posts
Joined Nov 2023
FancyCaption1699Apr 07, 2024 07:32 AM
112 Posts
Can you people just talk about the deal and move your EV discussion to somewhere else? I ask the mods/staff to remove this crap every time this is posted.

That said, long range looks like it starts from 44K. I wish that took some cuts as well.
1
Apr 07, 2024 08:06 AM
79 Posts
Joined Jan 2017
shareg24Apr 07, 2024 08:06 AM
79 Posts
RIP all of us who bought in 2022 😭

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Apr 07, 2024 08:51 AM
16 Posts
Joined Jun 2020
VehlaJattApr 07, 2024 08:51 AM
16 Posts
Quote from NewsL8499 :
Say the same thing in 2026: someone paid $37K in 2024.
tbh. Consider this statement. Leather heated and ventilated seats (coming soon), heated steering wheel, basic adaptive cruise control and free autosteer for 37k. How much cheaper do you think these can go? They are crushing the market and I am here for it. You cant buy a similar spec corolla cheaper than Long Range Model Y.

I bought MYLR at 52,990, I am out close to 7k, and that doesn't include the price I have to list at to get buyers down the line a couple years when I sell.
4

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